Michelmersh Brick Holdings (AIM: MBH) – wonderful results announced today
The specialist brick manufacturer and landfill company has reported its audited final results for the year ended 31 December 2014, reflecting another positive period for the Group as the industry continues to progress.
Michelmersh is the only UK owned brick manufacturer and the owner of five market-leading brands: Blockleys, Charnwood, Freshfield Lane, Michelmersh and Hathern Terra Cotta. The company operates a fully integrated business combining the manufacture of clay bricks, tiles and pavers. It places itself in the top end of the market in terms of quality of products and service to customers. The brick market has undergone changes in the last year. 2014 was the first time in six years that the brick industry prices have increased. This is a reflection of the shortage of bricks and an increasing demand. The price…